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Why are KPIs Important in Procurement?

Oxford College of Procurement and Supply

KPIs are popularly related to areas such as: On time delivery Amount of rejects Cost reduction Ethical conduct Sustainable approaches Lead times KPIs can be written to measure any aspect of supplier performance but must be relevant to the contract to add value. The post Why are KPIs Important in Procurement?

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2025 PAW: Different Roles, Shared Realities – A Dialogue on Settlement and Document Production in Arbitration

Kluwer Arbitration

From a counsels perspective, Hacke emphasized the importance of setting client expectations early, especially when the case might not be as strong as the client believes. Jan Michael Ahrens presented the client perspective, explaining that companies like Siemens are often more interested in resolution than in a win.

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ICCA Hong Kong 2024: Advocacy, Procedures, and Ethics in Focus

Kluwer Arbitration

The discussion also addressed limitations to human cognitive skills, including the average attention span and the importance of engaging visuals. The speakers stressed the necessity of genuine credibility and discussed different ways of fairness.

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What does the German Supply Chain Act Mean for Procurement?

ivalua

The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. Export and import of certain hazardous wastes. Production of mercury-added products, use of mercury and treatment of mercury waste.

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New DOE investments boost next-generation batteries, storage tech

FedScoop

Chemicals used in energy storage technology are often sourced or processed in places and countries that can present ethical — as well as geopolitical — challenges. “Providing the scientific foundation to accelerate this important research is key to our economy and making sure the U.S.

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Harnessing the power of generative AI in the classroom and beyond

AWS Public Sector

As generative AI solutions evolve and become integrated into the education technology (EdTech) landscape, they present new opportunities which could help bridge performance gaps and effectively support teachers’ teaching and administrative workloads. Industry collaboration is a core part of the business strategy for McGraw Hill.

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Sustainability in Procurement: Strategies and Challenges

ivalua

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.